HUYA Inc. (NYSE:HUYA) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP grew its stake in shares of HUYA Inc. (NYSE:HUYA - Free Report) by 145.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,092 shares of the company's stock after purchasing an additional 90,714 shares during the quarter. Marshall Wace LLP owned 0.07% of HUYA worth $470,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jump Financial LLC acquired a new position in HUYA during the 4th quarter worth approximately $129,000. Barclays PLC acquired a new position in shares of HUYA during the fourth quarter worth $431,000. Norges Bank acquired a new position in shares of HUYA during the fourth quarter worth $282,000. Sei Investments Co. purchased a new position in shares of HUYA in the fourth quarter valued at $94,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in HUYA by 27.1% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,550 shares of the company's stock valued at $195,000 after purchasing an additional 13,544 shares in the last quarter. Hedge funds and other institutional investors own 23.20% of the company's stock.

HUYA Stock Performance

NYSE:HUYA opened at $3.82 on Friday. The company has a market capitalization of $864.74 million, a price-to-earnings ratio of -42.44 and a beta of 0.73. HUYA Inc. has a one year low of $2.82 and a one year high of $6.84. The stock has a 50-day simple moving average of $3.54 and a 200 day simple moving average of $3.41.

HUYA (NYSE:HUYA - Get Free Report) last issued its earnings results on Tuesday, March 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.53 billion. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. HUYA's revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 EPS. On average, equities research analysts forecast that HUYA Inc. will post 0.16 EPS for the current fiscal year.

HUYA Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a dividend of $1.47 per share. This represents a dividend yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's dividend payout ratio (DPR) is presently -4,766.67%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HUYA. Daiwa America cut shares of HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Daiwa Capital Markets cut HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $5.68.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.

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